UTime Limited (NASDAQ:WTO) Sees Large Increase in Short Interest

UTime Limited (NASDAQ:WTO) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 631,300 shares, an increase of 326.6% from the November 30th total of 148,000 shares. Approximately 3.5% of the company’s stock are sold short. Based on an average trading volume of 1,060,000 shares, the short-interest ratio is currently 0.6 days.

UTime Price Performance

Shares of NASDAQ:WTO opened at $0.31 on Friday. UTime has a 12-month low of $0.24 and a 12-month high of $62.25. The firm has a fifty day moving average of $0.36 and a two-hundred day moving average of $10.74.

UTime Company Profile

UTime Limited, together with its subsidiaries, designs, develops, manufactures, sells, and operates mobile phones, accessories, and related consumer electronics. The company offers consumer electronics, such as power banks, bluetooth speakers, batteries, chargers, cell phone parts, molds, and shells.